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c.2022:REAL ESTATE WEEKLY or Assignees

A GREAT OPPORTUNITY TO

build passive income with a cap rate of 6.3%! There is an opportunity for expansion as the lot size is 0.92 acres. The property is currently 100% leased with rents below market value, yet still producing a positive cash flow. Constructed in 1983, the property consists of 2 units with 770 sq ft. The long-term tenants are on a month to month. Unit A is rented for $500.00 and unit B is rented for $550.00 per month. The duplex is self-managed by the Owner. Each floor plan includes a living room, kitchen, bedrooms, bathroom, and outside storage room. The metal roof was installed 5 years ago. The septic tank was pumped one year ago for regular maintenance. The Owner has additional multi-family properties available for a package deal.
MLS#: 20222376
Unit:  2
Price:  $140,000
Bedrooms: 
Baths:  0.00
Sq Ft: 
Lot Size:  0.92 acres
Garage: 
Zoning: 
Subdivision: 
Year Built: 1983
Schools: 
Map location from available data. Location should be verified. Click map for interactive view.

REAL ESTATE WEEKLY

United Real Estate MELISSA FLOYD

Florence, SC | 29502

Direct: 843-618-3878

United Real Estate MELISSA FLOYD

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